Is Buying Health Insurance on EMI a Good Idea? |
Posted: May 13, 2022 |
Nobody of us wants to plan to get sick, yet we have to be prepared for emergency medical treatment. Creating a safe environment for the rising cost of medical expenses is an absolute necessity and every one of us should consider good health insurance that provides coverage for all hospitalization expenses. The Insurance Regulatory and Development Authority of India (IRDAI) has directed the companies dealing with healthcare financial services to allow individuals to buy health insurance in easy EMIs. This announcement is most beneficial for people with low income, as it offers the insurer to opt for health insurance with monthly, quarterly, half-yearly, or yearly payment options. Benefits of Buying Health Insurance on EMI Healthcare financial services in India are aiming to make health insurance plans more affordable to help make them reach the masses. Now you can even opt for a health insurance plan on EMI. Some of its benefits are:
GMoney Health Card – A way to pay for Health Insurance in EMI GMoney health card is a unique service where you can get emergency medical funds without any collateral and allows you to pay for all types of medical bills. This digital health card can be used at various health centers to pay for your medical bills. This card allows you to repay medical expense in no-cost EMIs at your convenience. Now you can also pay for Health Insurance on 0% interest EMI. To know more on how to buy health insurance on EMI call on 7400 177 177 Benefits of GMoney Health Card
Conclusion Medical emergencies are a nightmare and can require a huge amount of money. To pay for a medical emergency you may have to use your savings or require borrowing money. The other way is to choose a GMoney health card and secure your savings for other future uses.
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